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Calculate retained earnings for the end of the period. There were no dividends. Beginning retained earnings 6,793.0 Sales 1,205.0 Cost of goods sold 682.0 Administrative
Calculate retained earnings for the end of the period. There were no dividends.
Beginning retained earnings | 6,793.0 |
Sales | 1,205.0 |
Cost of goods sold | 682.0 |
Administrative expense incurred during the period, unpaid at the period end | 27.0 |
Rental expense | 125.0 |
Insurance related to the next period, paid in this period | 34.0 |
Tax expense | 120.0 |
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